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Europe

Tungsten sells bank to focus on growing E-invoicing

Tungsten Corporation plc, an electronic invoicing, analytics and financing company, has announced that it has agreed to sell its banking unit for about GBP30m, pinning the group's future on its electronic invoicing platform (more…)

#bank#electronic invoicing#Financial Conduct Authority

GBP1m export fund available for UK SMEs

A new GBP1m export fund has been launched by Trade & Export Finance Ltd, to help UK SMEs finance the…

#exporters#smes#SMEs finance


Trade Receivables Securitisation remains key to corporate treasury

Against the backdrop of fundamental changes in the regulatory environment, research from Demica has shown that trade receivable securitisations (TRS)…

#bank#receivables securitisation#securitisation


RBS supports buyout with invoice discounting facility

Foresight Nottingham Fund has supported the management buyout (MBO) of a recruitment company with a multimillion-pound package. Foresight provided GBP2m…

#bank#funding#invoice


Law firms’ lengthy payment waiting times hit average of...

Law firms are having to wait even longer than last year for their invoices to be paid - 11 days…

#invoice#late payment#risk


Long payment terms “crippling” SMEs

Survey finds that some 12 per cent regularly wait 90 days or more to be paid (more…)

#management#payment terms#smes


VTB Factoring finances “IDGC of Center and Volga Region”

VTB Factoring has signed an agreement on factoring services with "IDGC of Center and Volga Region", with an initial limit…

#i#insolvency#Paid


RBS factoring facility boosts recruiter

Keith Greenaway secured a funding boost from RBS and exclusive office space in their ‘Hatchery’ as a result of being…

#cash-flow#invoice#NatWest


Asset based funding to UK and Irish businesses hits...

Funding to UK and Irish businesses secured against invoices and other assets has hit a record high of GBP20bn says…

#invoice#management#smes


IFP Ireland launches aiming to shake up SME funding

IFP Ireland provides leasing and finance, trade finance and invoice finance (more…)

#banks#funding#invoice


Aldermore supports concrete business with invoice finance

Aberdeen Concrete has agreed an invoice finance facility with Aldermore to help its early growth (more…)

#Aldermore#funding#i


BBVA Head of Corporate Finance set to leave

Banco Bilbao Vizcaya Argentaria SA’s head of global corporate finance Francisco Rey is reported to be set to leave the…

#bank#BBVA#conference

Debt collection industry close to agreement with Royal Mail...

Critiqom, a company that deals in critical communications, has teamed up with the Credit Services Association (CSA), the voice of…

#debt collection#Vice president

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